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France
EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price
Minority shareholders in EDF are accelerating their efforts to challenge the price set for the nationalisation of the French energy group, believing the governm…
Crude Oil
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and …
France
Iberdrola Responds to Rumours of Terminating French Power Contracts
Energy price hikes have reportedly forced the energy giant to terminate contracts with thousands of its French customers
Oil Price
Big Tech Is Under Pressure to Turn Its Back on Big Oil
Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi…
Oil Price
Oil Prices Rise After Saudi Says OPEC Could Cut Output
Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Oil Price
Oil Has Become Too Volatile for Traders
Hedge funds are pulling out of oil as price volatility becomes excessive.
Natural Gas
Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away
As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…
Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Wind Power Project
New Report Finds Value of Wind Energy Far Exceeds Costs
Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energ…
Hydropower Plant
Norway Boosts Hydropower, Challenging Effort to Fill Reservoirs
Hydropower production in southern Norway rose last week in response to high prices, potentially challenging Norway's efforts to fill reservoirs ahead of winter …
Oil Price
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
LNG
Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project
Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…
Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
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